PMT - PennyMac: Attractive Valuation But I Am Not Buying Yet December, 17 2021 06:06 AM PennyMac Mortgage Investment Trust of Beneficial Interest PMT reported a loss in the third quarter. The company has a 10.66% dividend yield but its payout ratio is relatively stretched out. It trades 11% below its tangible book value but insiders are not buying. For further details see: PennyMac: Attractive Valuation But I Am Not Buying Yet